Reservoir and production optimization  

The energy sector is confronting significant challenges as resource demand continues to rise, while traditional reservoir production methods are struggling to keep up. Aging infrastructure, inefficiencies, and the need for more accurate data are putting increased pressure on production systems. In the oil and gas industry, effective reservoir engineering and management play a crucial role in enhancing recovery rates and maximizing the ultimate yield from deep underground reservoirs.

To overcome these challenges, we are pushing beyond traditional approaches and achieving the next level of reservoir production optimization.  

Benefits Container Component

Reservoir performance management 

Our Reservoir Performance Management is focused on maximizing hydrocarbon recovery while optimizing production efficiency, minimizing operational risks, and extending the reservoir’s lifecycle. This is achieved by continuously monitoring reservoir conditions and utilizing real-time data and AI-driven simulations to make informed decisions. We begin by identifying your needs and tailoring our optimization services to enhance production and operational efficiency. Next, we implement the solutions by installing flowmeters, integrating advanced AI models, and optimizing field operations. We continuously monitor real-time data and performance metrics to ensure the service delivers the intended results, while also refining the process to ensure your long-term success and satisfaction. 

Your Benefits

Enhanced operational efficiency  
Extended reservoir lifecycle
Maximized hydrocarbon recovery 

Maximized hydrocarbon recovery  

We begin by assessing current production and operational processes to identify areas for improvement, such as efficiency, cost reduction, and compliance. Based on this, we set measurable goals, like increasing production by 10% and reducing costs by 15%, and create a detailed plan using real-time flowmeter data, AI analytics, and predictive maintenance strategies.

Implementation of optimization strategies

We implement the defined strategies by installing clamp-on multiphase flowmeters, integrating them with AI-driven software, and starting real-time data collection to analyze reservoir and well performance. Predictive maintenance is introduced, and artificial lift systems are optimized based on data insights. We also provide customer training to ensure effective use of the system and data interpretation. 

Performance monitoring and evaluation 

We regularly assess the effectiveness of the optimization efforts by tracking key performance indicators such as production rates, recovery rates, operational costs, and equipment health. Periodic reviews provide a transparent evaluation of progress, ensuring goals are being met. Any deviations or issues are quickly identified and addressed, with data reports showing improvements like increased production and cost savings, confirming the success of the implemented changes. 

Continuous improvement and strategy adjustment 

Based on the performance data collected, we refine the optimization plan to address any gaps or opportunities for improvement. Underperforming wells or systems are adjusted by tweaking AI models, modifying reservoir management strategies, or optimizing artificial lift settings. New targets are set to further enhance production and operational efficiency. 

Real-time data capability is the key in optimizing oilfield production.

Carsten Heinks

Head of Upstream Optimization

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